The global building panels market is estimated to be valued at USD 170.83 Billion in 2016 and is projected to reach USD 230.93 Billion by 2021, at a CAGR of 6.21% from 2016 to 2021. The building panels is transforming the construction industry by providing a less expensive process, and fast, accurate and affordable housing solutions. The report aims at estimating the market size and future growth potential of building panels market which is segmented on the basis of type, end use, material, application, and region. The base year considered for the study is 2015 and the market size is forecasted from 2016 to 2021. With the rise in residential construction, building panels is expected to play a key role in the construction industry, which would hence fuel the growth of the building panels market for the next few years.

The research methodology used to estimate and forecast the market size included the top-down and bottom-up approach. The total market size of the building panels was calculated, and accordingly, the percentage was allotted to different sectors in each of the segments. The allotment and calculation were done on the basis of extensive primary interviews and secondary research. Primary research involved in this report includes extensive interviews with key people such as CEOs, VPs, directors, and executives. After arriving at the overall market size, the total market was split into several segments and subsegments. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary respondents is depicted in the figure below.

3 Executive Summary (Page No. - 40) 3.1 Driving Factors 3.2 Residential Construction Projected to Occupy the Largest Share Among All Applications, By 2021 3.2.1 India is Projected to Be the Fastest-Growing Market Between 2016 and 2021

11 Building Panels Market, By Region (Page No. - 100) 11.1 Introduction 11.1.1 Building Panels Market, By Region 11.1.1.1 Asia-Pacific Dominated the Market for Building Panels in 2015 11.2 North America 11.2.1 North America: Building Panels Market, By Country 11.2.1.1 The U.S. Accounted for the Largest Share in the North American Building Panels Market 11.2.2 North America: Building Panels Market, By Type 11.2.2.1 Concrete Panels Projected to Grow at the Highest Rate in North America By 2021 11.2.3 North America: Building Panels Market, By Application 11.2.3.1 The Residential Segment to Dominate the Market By 2021 11.2.4 North America: Building Panels Market, By End Use 11.2.4.1 The Walls Segment is Projected to Grow at the Highest Rate By 2021 11.2.5 North America: Building Panels Market, By Raw Material 11.2.5.1 Concrete Accounted for the Largest Share in the North American Building Panels Market in 2015 11.2.6 U.S. 11.2.6.1 U.S.: Building Panels Market, By Type 11.2.6.1.1 The Concrete Panels Segment Dominated the U.S. Market in 2015 11.2.6.2 U.S.: Building Panels Market, By Application 11.2.6.2.1 The Residential Segment is Projected to Grow at the Highest Rate in the U.S. Through 2021 11.2.6.3 U.S.: Building Panels Market, By End Use 11.2.6.3.1 Floors & Roofs Accounted for Largest Share in the U.S. Building Panels Market 11.2.6.4 U.S.: Building Panels Market, By Raw Material 11.2.6.4.1 Concrete is Estimated to Be the Fastest-Growing Market in the U.S. 11.2.7 Canada 11.2.7.1 Canada: Building Panels Market, By Type 11.2.7.1.1 The Concrete Panels Segment is Projected to Grow at the Highest Rate By 2021 11.2.7.2 Canada: Building Panels Market , By Application 11.2.7.2.1 The Residential Segment Projected is Projected to Grow at the Highest Rate in Canada By 2021 11.2.7.3 Canada: Building Panels Market, By End Use 11.2.7.3.1 The Walls Segment is Projected to Grow at the Highest Rate in the Canadian Building Panels Market 11.2.7.4 Canada: Building Panels Market, By Raw Material 11.2.7.4.1 The Concrete Segment Dominated the Canadian Building Panels Market in 2015 11.2.8 Mexico 11.2.8.1 Mexico: Building Panels Market, By Type 11.2.8.1.1 The Concrete Panels Segment Accounted for the Largest Share in the Mexican Building Panels Market in 2015 11.2.8.2 Mexico: Building Panels Market, By Application 11.2.8.2.1 The Residential Segment to Dominate the Market By 2021 11.2.8.3 Mexico: Building Panels Market, By End Use 11.2.8.3.1 The Floors & Roofs Segment Was the Largest Market in 2015 11.2.8.4 Mexico: Building Panels Market, By Raw Material 11.2.8.4.1 Concrete is Projected to Be the Fastest-Growing Market By 2021 11.3 Asia-Pacific 11.3.1 Asia Pacific: Building Panels Market, By Country 11.3.1.1 China Dominated the Asia-Pacific Building Panels Market in 2015 11.3.2 Asia Pacific: Building Panels Market, By Type 11.3.2.1 The Concrete Panels Segment is Projected to Grow at the Highest CAGR Through 2021 11.3.3 Asia Pacific: Building Panels Market, By Application 11.3.3.1 Residential Construction Was the Most Dominant Application in 2015 11.3.4 Asia Pacific: Building Panels Market, By End Use 11.3.4.1 The Floors & Roofs Segment is Projected to Grow at the Highest Rate By 2021 11.3.5 Asia Pacific: Building Panels Market, By Raw Material 11.3.5.1 The Concrete Segment Dominated the Asia-Pacific Building Panels Market 11.3.6 China 11.3.6.1 China: Building Panels Market, By Type 11.3.6.1.1 The Concrete Panels Segment is Projected to Grow at the Highest CAGR Through 2021 11.3.6.2 China: Building Panels Market, By Application 11.3.6.2.1 Residential Construction Was the Most Dominant Application in 2015 11.3.6.3 China: Building Panels Market, By End Use 11.3.6.3.1 The Floors & Roofs Segment is Projected to Grow at the Highest Rate By 2021 11.3.6.4 China: Building Panels Market, By Raw Material 11.3.6.4.1 The Concrete Segment Dominated the Chinese Building Panels Market in 2015 11.3.7 Japan 11.3.7.1 Japan: Building Panels Market, By Type 11.3.7.1.1 The Concrete Panels Segment is Projected to Grow at the Highest CAGR Through 2021 11.3.7.2 Japan: Building Panels Market, By Application 11.3.7.2.1 Residential Construction Was the Most Dominant Application in 2015 11.3.7.3 Japan: Building Panels Market, By End Use 11.3.7.3.1 The Floors & Roofs Segment is Projected to Grow at the Highest Rate By 2021 11.3.7.4 Japan: Building Panels Market, By Raw Material 11.3.7.4.1 The Concrete Segment Dominated the Japanese Building Panels Market in 2015 11.3.8 India 11.3.8.1 India: Building Panels Market, By Type 11.3.8.1.1 The Concrete Panels Segment is Projected to Grow at the Highest CAGR Through 2021 11.3.8.2 India: Building Panels Market, By Application 11.3.8.2.1 Residential Construction Was the Most Dominant Application in 2015 11.3.8.3 India: Building Panels Market, By End Use 11.3.8.3.1 The Floors & Roofs Segment is Projected to Grow at the Highest Rate By 2021 11.3.8.4 India: Building Panels Market, By Raw Material 11.3.8.4.1 The Concrete Segment Dominated the Indian Building Panels Market in 2015 11.3.9 Australia 11.3.9.1 Australia: Building Panels Market, By Type 11.3.9.1.1 The Concrete Panels Segment is Projected to Grow at the Highest CAGR Through 2021 11.3.9.2 Australia: Building Panels Market, By Application 11.3.9.2.1 Residential Construction Was the Most Widely Used Application in 2015 11.3.9.3 Australia: Building Panels Market, By End Use 11.3.9.3.1 The Floors & Roofs Segment is Projected to Grow at the Highest Rate By 2021 11.3.9.4 Australia: Building Panels Market, By Raw Material 11.3.9.4.1 The Concrete Segment Dominated the Australian Building Panels Market in 2015 11.3.10 Rest of Asia-Pacific 11.3.10.1 Rest of Asia-Pacific: Building Panels Market, By Type 11.3.10.1.1 The Concrete Panels Segment is Projected to Grow at the Highest CAGR Through 2021 11.3.10.2 Rest of Asia-Pacific: Building Panels Market, By Application 11.3.10.2.1 Residential Construction Was the Most Dominant Application in 2015 11.3.10.3 Rest of Asia-Pacific: Building Panels Market, By End Use 11.3.10.3.1 The Floors & Roofs Segment is Projected to Grow at the Highest Rate By 2021 11.3.10.4 Rest of Asia-Pacific: Building Panels Market, By Raw Material 11.3.10.4.1 The Concrete Segment Dominated the Rest of Asia-Pacific Building Panels Market 11.4 Europe 11.4.1 Europe: Building Panels Market, By Country 11.4.1.1 Germany Accounted for Largest Share in European Building Panels Market 11.4.2 Europe: Building Panels Market, By Type 11.4.2.1 Concrete Panels Segment Projected to Grow the Fastest in Europe By 2021 11.4.3 Europe: Building Panels Market Size, By Application 11.4.3.1 Residential Segment to Dominate Market By 2021 11.4.4 Europe: Building Panels Market, By End Use 11.4.4.1 Walls Segment to Grow at the Highest Rate By 2021 11.4.5 Europe: Building Panels Market, By Raw Material 11.4.5.1 Concrete Segment Accounted for the Largest Share in 2015 11.4.6 Germany 11.4.6.1 Germany: Building Panels Market, By Type 11.4.6.1.1 Concrete Panels Segment Projected to Grow the Fastest in Germany By 2021 11.4.6.2 Germany: Building Panels Market, By Application 11.4.6.2.1 Residential Segment to Dominate Market By 2021 11.4.6.3 Germany: Building Panels Market, By End Use 11.4.6.3.1 Walls Segment to Grow at the Highest Rate By 2021 11.4.6.4 Germany: Building Panels Market, By Raw Material 11.4.6.4.1 Concrete Segment Accounted for the Largest Share in 2015 11.4.7 U.K. 11.4.7.1 U.K.: Building Panels Market, By Type 11.4.7.1.1 Concrete Panels Segment Projected to Grow the Fastest in Europe By 2021 11.4.7.2 U.K.: Building Panels Market, By Application 11.4.7.2.1 Residential Segment to Dominate Market By 2021 11.4.7.3 U.K.: Building Panels Market, By End Use 11.4.7.3.1 Walls Segment to Grow at the Highest Rate By 2021 11.4.7.4 U.K.: Building Panels Market, By Raw Material 11.4.7.4.1 Concrete Segment Accounted for the Largest Share in 2015 11.4.8 Russia 11.4.8.1 Russia: Building Panels Market, By Type 11.4.8.1.1 Concrete Panels Segment Projected to Grow the Fastest in Europe By 2021 11.4.8.2 Russia: Building Panels Market, By Application 11.4.8.2.1 Residential Segment to Dominate the Market By 2021 11.4.8.3 Russia: Building Panels Market, By End Use 11.4.8.3.1 Floors & Roofs Segment to Grow at the Highest Rate By 2021 11.4.8.4 Russia: Building Panels Market, By Raw Material 11.4.8.4.1 Concrete Segment Accounted for the Largest Share in 2015 11.4.9 France 11.4.9.1 France: Building Panels Market, By Type 11.4.9.1.1 Concrete Panels Segment Projected to Grow the Fastest in Europe By 2021 11.4.9.2 France: Building Panels Market, By Application 11.4.9.2.1 Residential Segment to Dominate Market By 2021 11.4.9.3 France: Building Panels Market, By End Use 11.4.9.3.1 Walls Segment to Grow at the Highest Rate By 2021 11.4.9.4 France: Building Panels Market, By Raw Material 11.4.9.4.1 Concrete Segment Accounted for the Largest Share in 2015 11.4.10 Rest of Europe 11.4.10.1 Rest of Europe: Building Panels Market, By Type 11.4.10.1.1 Concrete Panels Segment Projected to Grow the Fastest in Europe By 2021 11.4.10.2 Rest of Europe: Building Panels Market, By Application 11.4.10.2.1 Residential Segment to the Dominate Market By 2021 11.4.10.3 Rest of Europe: Building Panels Market, By End Use 11.4.10.3.1 Floors & Roofs Segment to Grow at the Highest Rate By 2021 11.4.10.4 Rest of Europe: Building Panels Market, By Raw Material 11.4.10.4.1 Concrete Segment Accounted for the Largest Share in 2015 11.5 Rest of the World (RoW) 11.5.1 RoW: Building Panels Market, By Country 11.5.1.1 Middle East Accounted for Largest Share in RoWs Building Panels Market 11.5.2 RoW: Building Panels Market, By Type 11.5.2.1 Concrete Panels Segment Projected to Grow the Fastest in RoW By 2021 11.5.3 RoW: Building Panels Market Size, By Application 11.5.3.1 Residential Segment to Dominate the Market By 2021 11.5.4 RoW: Building Panels Market, By End Use 11.5.4.1 Floors & Roofs Segment to Grow at the Highest Rate By 2021 11.5.5 RoW: Building Panels Market, By Raw Material 11.5.5.1 Concrete Segment Accounted for the Largest Share in RoW Building Panels Market, in 2015 11.5.6 Middle East 11.5.6.1 Middle East: Building Panels Market, By Type 11.5.6.1.1 Concrete Panels Segment Projected to Grow the Fastest in Middle East By 2021 11.5.6.2 Middle East: Building Panels Market, By Application 11.5.6.2.1 Residential Segment to Dominate the Market By 2021 11.5.6.3 Middle East: Building Panels Market, By End Use 11.5.6.3.1 Floors & Roofs Segment to Grow at the Highest Rate By 2021 11.5.6.4 Middle East: Building Panels Market, By Raw Material 11.5.6.4.1 Concrete Segment Accounted for the Largest Share in Middle Eastern Building Panels Market, in 2015 11.5.7 Brazil 11.5.7.1 Brazil: Building Panels Market, By Type 11.5.7.1.1 Concrete Panels Segment Projected to Grow the Fastest in Brazil By 2021 11.5.7.2 Brazil: Building Panels Market, By Application 11.5.7.2.1 Residential Segment to Dominate the Market By 2021 11.5.7.3 Brazil: Building Panels Market, By End Use 11.5.7.3.1 Floors & Roofs Segment to Grow at the Highest Rate By 2021 11.5.7.4 Brazil: Building Panels Market, By Raw Material 11.5.7.4.1 Concrete Segment Accounted for the Largest Share in Brazils Building Panels Market, in 2015 11.5.8 South Africa 11.5.8.1 South Africa : Building Panels Market, By Type 11.5.8.1.1 Concrete Panels Segment Projected to Grow the Fastest in South Africa By 2021 11.5.8.2 South Africa: Building Panels Market, By Application 11.5.8.2.1 Residential Segment to Dominate the Market By 2021 11.5.8.3 South Africa: Building Panels Market, By End Use 11.5.8.3.1 Floors & Roofs Segment to Grow at the Highest Rate By 2021 11.5.8.4 South Africa: Building Panels Market, By Raw Material 11.5.8.4.1 Concrete Segment Accounted for the Largest Share in South Africa N Building Panels Market, in 2015 11.5.9 Others in RoW 11.5.9.1 Others in RoW: Building Panels Market, By Type 11.5.9.1.1 Concrete Panels Segment Projected to Grow the Fastest in Others in RoW Region By 2021 11.5.9.2 Others in RoW: Building Panels Market, By Application 11.5.9.2.1 Residential Segment to Dominate the Market By 2021 11.5.9.3 Others in RoW: Building Panels Market, By End Use 11.5.9.3.1 Floors & Roofs Segment to Grow at the Highest Rate By 2021 11.5.9.4 Others in RoW: Building Panels Market, By Raw Material 11.5.9.4.1 Concrete Segment Accounted for the Largest Share in Others in RoW Building Panels Market, in 2015

MarketsandMarkets projects that the building panels market size will grow and reach USD 170.83 Billion in 2016 to USD 230.93 Billion by 2021, at a CAGR of 6.21% from 2016 to 2021. The market is growing in accordance with the growth trends of the construction industry. Building panels lessen delay in construction time, lower labor requirements, are cost-efficient, result in less wastage of materials as compared to site built construction, enable worker safety, and are environment-friendly. These advantages, along with factors such as rapid urbanization and industrialization drive the market for building panels. Product innovations and technological developments in the market are expected to create strong investment opportunities.

The building panels market is segmented on the basis of type, end use, raw material, application, and region. On the basis of application, the residential sector held the largest market share, in terms of both volume and value, in 2015. Concrete panels was the most widely used type of panels among other building panels type, in terms of both volume and value, in the same year. Structural-architectural concrete panels provide a cost-effective solution to building enclosures and are highly engineered, provides rugged, durable surfaces for walls and is used widely for floors and roofs as well. On the basis of end use, the floor & roof segment held the largest market share in 2015, in terms of both volume and value, as the use of standardized and optimized floors and roofs panels avoid unnecessary shuttering which prove to be economical, fast, and better in quality.

On the basis of raw material, the market is segmented into concrete, plastic, metal, wood, silica, and others. Building panels make use of energy-efficient natural resources and materials, in order to create products and services with lesser resources and environmental impacts. It also provides an efficient delivery model, esthetics, environmentalfriendly solution, and controls sound and are resistant to fires, natural disasters, insects, and mold.

On the basis of key regions, the market for building panels is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The Asia-Pacific region held the largest share among all the regions in 2015. This is mainly due to emerging economies in China, Japan, and India, coupled with growing applications of building panels in the residential and non-residential construction industry. Asia-Pacific is projected to be the fastest-growing market during the forecast period, due to the growing demand for building panel products and increasing awareness among end users. On the basis of type, concrete panels is projected to be the largest market for building panels in 2021.

Certain factors such as the high capital investment, lack of standards & regulations, rising environmental concerns, and rising prices of raw materials hinder the growth of this industry. The rising raw-material costs is one of the biggest restraints for the building panels market. High raw-material costs are at the forefront of the agenda of end-user construction industry manufacturers, converters, and suppliers.

The new product developments and agreements, contracts & collaborations were the major strategies adopted by most players in this market. Companies such as Panasonic Corporation (Japan), Saint-Gobain (France), Nippon Steel & Sumitomo Metal Corporation (Japan), CRH plc (Ireland), Lafarge (France), Evonik Industries AG (Germany), Huntsman International LLC. (U.S.), Dow Corning Corporation (U.S.), Fletcher Building Limited (New Zealand), and Boral Limited (Australia) were the key players who adopted these strategies to increase the customer base in key markets. The leading building panels manufacturers are focusing on emerging countries that are estimated to show potential for industrial development in the near future.

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